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-The Above Table Gives the Demand and Supply Schedules for Cat

Question 485

Essay

  -The above table gives the demand and supply schedules for cat food. If the supply increases by 20 tons at every price, what is the new equilibrium price and quantity?
-The above table gives the demand and supply schedules for cat food. If the supply increases by 20 tons at every price, what is the new equilibrium price and quantity?

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The equilibrium price is $1.50 per pound...

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